SQD is a hyper-scalable, permissionless, cost-efficient data layer for onchain data. The platform addresses fundamental challenges in accessing blockchain information across multiple chains and networks.
Core Problems Identified
Scale
If you wanted to download Ethereum’s blockchain history, you’d need 1140.89 GB in storage. For Solana, the requirement reaches 300 terabytes — impractical for individual machines.
Traditional RPC nodes, designed primarily for communication and write operations, struggle under heavy read demand. Even just retrieving the data becomes overwhelming as blockchain adoption grows, slowing down even basic operations like displaying portfolio balances.
Fragmentation
Onchain data disperses across hundreds of Layer-1s, Layer-2s, and alternative sources including Arweave, IPFS, and Farcaster Hubs. Different virtual machines (EVM, SVM, Move, Fuel) lack standardized data schemas, complicating multichain operations.
Account abstraction and smart contract wallets further complicate data interpretation when transactions flow through relayers and bundlers rather than directly from user addresses.
SQD’s Solution
The platform aggregates blockchain data into parquet files distributed across decentralized network nodes. Developers build indexers to retrieve needed information without maintaining personal RPC nodes or relying on centralized providers.
Our measurements suggest that using SQD allows projects to sync blocks up to 100x faster than other similar solutions.
Notable Users
Adopters include PancakeSwap, Interface, Shiba Inu, and Deutsche Telekom.